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dae

(3,396 posts)
Sat Oct 3, 2015, 10:38 PM Oct 2015

"Voodoo Never Dies" by Paul Krugman [View all]

Mr Krugman continues to school the GOPers but there is no fixing stupid!

You might think that there was a defensible economic case for the obsession with cutting taxes on the rich. That is, you might think that if you’d spent the past 20 years in a cave (or a conservative think tank). Otherwise, you’d be aware that tax-cut enthusiasts have a remarkable track record: They’ve been wrong about everything, year after year.

Some readers may remember the forecasts of economic doom back in 1993, when Bill Clinton raised the top tax rate. What happened instead was a sustained boom, surpassing the Reagan years by every measure.



http://www.nytimes.com/2015/10/02/opinion/voodoo-never-dies.html?rref=collection%2Fcolumn%2Fpaul-krugman
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